Politics

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Economy Center Stage in State of the Union Address

January 29, 2008 11:57 AM
by findingDulcinea Staff
Confidence in the economy and patience in Iraq were the key themes in President George W. Bush’s last State of the Union address.

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“In the long run, Americans can be confident about our economic growth. But in the short run, we can all see that growth is slowing,” President Bush said.

The $150 million economic stimulus package that Bush presented to Congress last week was the main topic of debate among both supporters and detractors of the president.

In a panel organized by newsmagazine National Review, Dick Armey, a former Republican Congressman from Texas, called the package an assembly of “misguided Keynesian myths.” He said the package let Bush play at being an “election year Santa Claus instead of fundamentally strengthening the economy.”

On The Nation magazine's Web site, Rep. Keith Ellison (D-Minn.) is quoted as saying, “Mr. President: our country needs an economic stimulus package that will result in something more than pocket change for most working families. Mr. President: The best American economic stimulus package you could offer the American public is to end this war in Iraq.”

Headline Link: ‘Bush Seeks to Ease Americans’ Fears over the Economy’

Opinion & Analysis: The economy

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